Case Summary
The plaintiff, Union Bank of India, sanctioned a loan of Rs.3,40,000 to the defendants but they failed to repay the amount. The bank is seeking to recover the outstanding amount with interest.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff’s bank is allowed to realise the plaint claim of Rs.5,25,370/- and also to realise 9% interest on the principal loan amount from the defendants.
Case Type
Civil Suit
Final Judgment
No
The suit is decreed in favor of the plaintiff, allowing the bank to recover the claimed amount along with interest.
Why Plaintiff Won:
The evidence provided by the plaintiff bank was unrebutted and established the case.
The evidence provided by the plaintiff bank was unrebutted and established the case.
Losing Side's Weaknesses:
The evidence provided by the plaintiff bank was unrebutted and established the case.
The evidence provided by the plaintiff bank was unrebutted and established the case.
Supporting Evidence
From the unrebutted evidence adduced by the plaintiff’s bank, I hold that the plaintiff is entitled to the relief as prayed for.
Judgment Evidence:
In the result, the suit is decreed with costs as follows: The plaintiff’s bank is allowed to realise the plaint claim of Rs.5,25,370/- and also to realise 9% interest on the principal loan amount from the defendants and their assets from the date of the suit ie, 02.11.2023 till realisation.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Union Bank of India
- Party Role
- Defendant
- Party Name
- Anandhu Mohan
- Party Age
- 26
- Relation
- S/o
- Party Role
- Defendant
- Party Name
- Mohanan.K.C.
- Party Age
- 59
- Relation
- S/o
- Party Role
- Defendant
- Party Name
- Sushamma Mohan
- Party Age
- 57
- Relation
- W/o
Plaintiffs Documents
Original loan application, Educational Loan Agreement, Educational Loan Guarantee, Sanction Letter, Promissory notes, Debit Balance Confirmation letters, statement of loan account, office copy of lawyer’s notice.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Clareness Joseph
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff’s bank is allowed to realise the plaint claim of Rs.5,25,370/- and also to realise 9% interest from the defendants and their assets.
Evidence:
I hold that the plaintiff is entitled to the relief as prayed for.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Original application submitted by defendants with the plaintiff bank
Reference:
Ext.A1
Document Type:
Loan Agreement
Submitted By:
Plaintiff
Relevance:
Original Educational Loan Agreement
Reference:
Ext.A2
Document Type:
Loan Guarantee
Submitted By:
Plaintiff
Relevance:
Original Educational Loan Guarantee
Reference:
Ext.A3
Document Type:
Sanction letter
Submitted By:
Plaintiff
Relevance:
Original Sanction Letter
Reference:
Ext.A4
Document Type:
Promissory Note
Submitted By:
Plaintiff
Relevance:
Original Promissory Note
Reference:
Ext.A5
Document Type:
Promissory Note
Submitted By:
Plaintiff
Relevance:
Original Promissory Note
Reference:
Ext.A6
Document Type:
Debit Balance Confirmation letter
Submitted By:
Plaintiff
Relevance:
Original Debit Balance Confirmation letter
Reference:
Ext.A7
Document Type:
Debit Balance Confirmation letter
Submitted By:
Plaintiff
Relevance:
Original Debit Balance Confirmation letter
Reference:
Ext.A8
Document Type:
Debit Balance Confirmation letter
Submitted By:
Plaintiff
Relevance:
Original Debit Balance Confirmation letter
Reference:
Ext.A9
Document Type:
Statement of Loan Account
Submitted By:
Plaintiff
Relevance:
Certified copy of statement of loan account
Reference:
Ext.A10
Document Type:
Lawyer's Notice
Submitted By:
Plaintiff
Relevance:
Office copy of lawyer's notice
Reference:
Ext.A11
Document Type:
Postal receipt
Submitted By:
Plaintiff
Relevance:
Postal Receipts
Reference:
Ext.A12
Document Type:
Acknowledgment card
Submitted By:
Plaintiff
Relevance:
Acknowledgment cards
Reference:
Ext.A13
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kottayam
State
Kerala
Court Establishment
Munsiff Court Vaikom
Common Reasons
Non-payment of rent
Case Code
Case between Union Bank of India vs Anandhu Mohan et al regarding realisation of money.
Case Code Year
Case between Union Bank of India vs Anandhu Mohan et al regarding realisation of money.